Industry News: Demand For EVs As Rentals Are Dropping
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William Maley, in Industry News
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By Drew Dowdell
General Motors and LG Chem are joining forces to invest $2.3 billion in a new battery plant near its old Lordstown Assembly complex in Lordstown, Ohio. The deal is a 50/50 partnership between GM and LG Chem and will create 1,100 jobs in the area.
Construction of the plant will begin mid-2020 at a greenfield former manufacturing site. The employees will work for the joint-venture and will not be direct GM employees. Initially, the plant will solely supply batteries for GM vehicles, though with a maximum capacity of 30 gigawatt-hours annually, the company could expand to supply other manufacturers as well.
GM and LG Chem are forming this joint venture in an attempt to bring down the unit cost of batteries for future vehicles. The plant's capacity, once completed, will be among the largest in the world.
General Motors has said it wants to introduce 20 electric vehicles globally by 2023.
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By Drew Dowdell
General Motors and LG Chem are joining forces to invest $2.3 billion in a new battery plant near its old Lordstown Assembly complex in Lordstown, Ohio. The deal is a 50/50 partnership between GM and LG Chem and will create 1,100 jobs in the area.
Construction of the plant will begin mid-2020 at a greenfield former manufacturing site. The employees will work for the joint-venture and will not be direct GM employees. Initially, the plant will solely supply batteries for GM vehicles, though with a maximum capacity of 30 gigawatt-hours annually, the company could expand to supply other manufacturers as well.
GM and LG Chem are forming this joint venture in an attempt to bring down the unit cost of batteries for future vehicles. The plant's capacity, once completed, will be among the largest in the world.
General Motors has said it wants to introduce 20 electric vehicles globally by 2023.
View full article
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By Drew Dowdell
As part of General Motors' tentative agreement with the United Auto Workers, there is a planned $3 billion investment into the Detroit-Hamtramck plant to make electric trucks, SUVs, and vans. The program, called BT1 is part of a larger $7.7 billion investment in GM's plants over the next four years.
The BT1 program includes an electric truck for GMC and an electric SUV for Cadillac for the 2023 model year. But before that happens, in 2021 a low volume BT1 pickup will start production under a different brand while a performance truck follows in 2022, and then an electric SUV in 2023. Rumor has it that these low volume BT1 vehicles could be sold under the Hummer brand, not used since 2010, but that decision has not been finalized.
If GM did bring the Hummer brand back as an EV brand, it would have instant name brand recognition and a leg up on rival startup Rivian who has a truck due out in 2020. GM would not need to spend as much money to market the brand.
The vehicles on the new BT1 platform would use a "skateboard" architecture that bundles the batteries and electric motor together. The architecture is highly flexible allowing GM to build vehicles in front, rear, or all-wheel drive configurations.
View full article
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By Drew Dowdell
As part of General Motors' tentative agreement with the United Auto Workers, there is a planned $3 billion investment into the Detroit-Hamtramck plant to make electric trucks, SUVs, and vans. The program, called BT1 is part of a larger $7.7 billion investment in GM's plants over the next four years.
The BT1 program includes an electric truck for GMC and an electric SUV for Cadillac for the 2023 model year. But before that happens, in 2021 a low volume BT1 pickup will start production under a different brand while a performance truck follows in 2022, and then an electric SUV in 2023. Rumor has it that these low volume BT1 vehicles could be sold under the Hummer brand, not used since 2010, but that decision has not been finalized.
If GM did bring the Hummer brand back as an EV brand, it would have instant name brand recognition and a leg up on rival startup Rivian who has a truck due out in 2020. GM would not need to spend as much money to market the brand.
The vehicles on the new BT1 platform would use a "skateboard" architecture that bundles the batteries and electric motor together. The architecture is highly flexible allowing GM to build vehicles in front, rear, or all-wheel drive configurations.
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By Drew Dowdell
Ahead of its official debut at the Frankfurt Motor Show, Honda has unveiled the full specs of their Honda E small electric car. Honda developed the E with a focus on design simplicity and usability for the needs of modern urban lifestyles. The clean external lines are helped by the use of exterior cameras replacing the traditional side mirrors. The mirrorless design allows for better aerodynamics. The interior has a full width digital dashboard with dual 12.3 inch LCD touch screens for infotainment and driver information. Owners are able to access the car via a digital key on a smartphone app. The app can also report on things like battery charge control, range monitor, and navigation search results can be sent from the phone to the vehicle or have control of remote climate control.
The Honda e makes use of contextual speech recognition to use natural language to provide access to a range of online services. Occupants can activate the system by saying "Okay Honda"
The power for the Honda E comes from a choice of two motors driving the rear wheels with either 134 horsepower or 151 horsepower. Torque comes in at 232 lb-ft. The 35.5 kWh battery is among the smallest in its class but still offers a range of about 137 miles. The e can recharge up to 80-percent of its battery in 30 minutes. The 0-62 mph run takes about 8 seconds.
Pricing has yet to be announced, but interested buyers in UK, Germany, France, and Norway and reserve their car online. The car remains Forbidden Fruit for the US.
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Wheels for the week: 2020 Toyota Corolla XLE. We'll be taking this one on a trip to Virginia and testing out how close to the 37mpg highway rating we'll get. It's equipped with Toyota Safety Sense which means I'll have radar cruise control for the trip (Yay!). The shocking part is the price: $28,084 for a Corolla that doesn't even have the biggest engine. But it's got heated seats, so that will keep Albert Maisto happy.· 0 replies
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And the new #Cadillac #Escalade leaks out looking exactly as you would expect it would.· 0 replies
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